The 'Catch and Release' Forex Trading Strategy

I would like to introduce you to this very nice trading system which can be used to take advantage of the big trends that occurs every now and then in the forex market. This strategy works great with trending pairs like the majors for example the eurusd, gbpusd or gbpjpy. The aim of this strategy is to wait for a trend to develop itself, then enter the market upon small retracement against the established trend.

The Catch and Release method uses a combination of buy indicators and sell indicator to generate buy and sell signals for the forex market. To be accurate, the system uses 5 indicators which are namely the GMMA SLOW, EMA (20 and 30),Stochastics(9,3,3), RSI(3) and finally the Heiken Ashi. All combined together produce very nice entry signals for the forex market with a high rate of accuracy. I would not go into the details of setting up the charts etc but I will just post the template at the end of this post so that you can just download it and apply to your metatrader platform. Your chart should be ready for you to trade. Now I will write a bit on the buy and sell signals. I will restrict myself to very little words as I have already made very illustrated screenshots of how the system works with trade examples so that you can follow and learn without the hassles of endless reading.

Here are the rules for buy signal as well as 2 trade examples which occured following the fulfillment of these rules. The screenshot explains for itself and I will not be commenting on the rules.

As for the Sell signal which this system generates, please review the screenshot below where the rules have been clearly outlined as well as trading examples. Follow the numbering for the signal order.

Download the template and indicators and start your trading practice. Good luck. Source

4XWorks - A very interesting ebook and hedge trading method

I would like to share this small ebook with you. It is called 4xWorks and as the motto of the book itself suggests, it should help you create realistic returns with minimal risk. The author starts by giving an overview of the forex market and the huge earning potential before releasing and explaining in very good detailed clear english, how we can achieve a good and consistent positive portfolio using his hedging method which uses the USDCHF and EURUSD pair. For those who are already familiar with hedging, they can think that this is old stuff that they already know about but I highly encourage them to go through this book because it is definitely something different from the hedging they might be thinking about.

Hedge Trading gives numerous benefits to the trader but the main one which is the most outstanding of all is that, it turn your trading safer and relieve you from the fear/greed effect gradually. Hedging will eventually eliminate the stress factor and should affect the trading psychology positively after using it for quite a while. So for those out there who are already stressed and almost fed up with the market, I suggest they should try this system as a therapy and it should work.

The method described in this book is for all likes... starting from a mild setup which should be very conservative and consistent to a Risky setup which is definitely not advisable for the beginner in trading. The part which I enjoyed apart from the explanation of the method is how the user takes some time to bring and introduce the proper trading discipline which one should adopt while facing the market. I definitely benefit a lot from it and I hope it help me in the future. I hope you will enjoy this read. Go ahead and download the ebook at your own convenience. Read more.

Super Bounce20 Forex Trading Strategy - Another free forex trading system that works

I am delighted to present to you the Super Bounce20 Trading System. A really cool trading method which corrects one of the most notorious weakness of 99% other trading systems which is nothing but 'Late Entries' in your trades. For any system which uses indicators to generate trade signals, there is always the problem of 'late entries' associated with them. Hopefully, this trading system, which is not a new one and which does not use fancy indicators etc, is here to correct this problem. If you have been neglecting the problem of late entries till now, please take some time to read this separate post which talks about this particular problem and how it affects one trading system, so drastically that it can turn a winning system into a losing one. I suggest you read this post which I wrote about this problem. Follow this link please.

Now, after the overview, let me talk about the Super Bounce20 Trading System. The system consists of only 2 indicators, the MACD which is the primary indicator and the Simple Moving Average(SMA) which is our secondary indicator, we use 2 moving averages in our system.

Setup your charts as follows:

1. Open your chart to any timeframe (M15 and above preferred)
2. Place the MACD indicator on the chart with the default settings
3. Place a Simple Moving Average, color BLUE and Period 20 on close
4. Place another Simple Moving Average, color RED and Period 5 on close

If you want to go quicker, download the template at the end of this post and apply it on your metatrader chart. You won't be having to place the indicators manually one by one.

The signal generation method of this trading system is in three steps and I will be writing on each steps in details here. I will also post a screenshot at the end as well as some trade examples so that everything written could be summarized in these screenshots. You should read the text again and refer to the picture so that you can get a clearer idea of the system. A picture is worth a thousand words but we still need the words...

Step 1 - MACD gives the early signal

The MACD is the first to give a signal in this trading system. We will take a BUY example for all the explanation and for the sell, you just have to reverse and do the opposite. This is not rocket science for anyone to do. So, in order to generate a valid BUY setup, the MACD needs to be below 0 line... Let me number the process for you

• MACD should be below 0 line
• MACD histogram (bar) should start moving away from the Signal Line(RED), therefore start to decrease in height.

Look at the following screenshot to get the pictorial meaning of what I am saying.

Pretty easy I guess...Anyone can spot this on any chart and as I am saying it again, it is not rocket science to do that. For a SELL situation, you just have to reverse the RULES which is, MACD should already be above the 0 line and the MACD bar(histogram) should start moving away from the red signal line and decreasing.

As we have seen, this is the very first signal for this trading method and we should not be looking at anything else unless the MACD give us the permission by showing the very first signal. Now we move to the next step.

Step 2 - The BOUNCE on the SMA 20

After we have a valid first signal from the MACD, its a go to look for the next signal in order to determine our trade signal and decision. Now we look at the price (candlesticks or bar chart) closely... You should notice that as soon as MACD will give the first signal, price will start to move into that direction.... In our example, price start to move up BUT... it should BOUNCE off the SMA 20 (BLUE) and retrace a little downward... This BOUNCE is out 2nd signal... Look at the screenshot for a better idea on this

As you can see above, after the MACD gave the first signal, the price started going up but when it went past the SMA20, it stops and reverse a little... This is called a bounce... We can say that price bounced off the SMA20... This will be our second signal and we have a final step which is the entry... Please note that for a SELL situation, price would try to go down and bounce on the SMA20, then go up a little before going down again... Lets look at our last step now

Final Step - The entry

After price has successfully bounced off the SMA 20(blue), we can see that is is going in the opposite direction for a while and it is called a retracement. Now we wait for the price to go past the SMA 5(RED)... When the price goes past it and closes below the SMA 5, we open our position at this close... Sometimes price will not close beyond the SMA 5 and will just make a shoot(candlestick tail), we can enter on a shoot as well. This final step is our entry. So, let us look at all these three steps on a single screenshot, please observe closely.

As you can see above, all the rules has been summed up in this picture and the steps are well illustrated and numbered. Again, please keep in mind that we are taking a BUY signal as example and for a SELL, you just have to reverse the rules and do the opposite. I cannot write so much on the SELL as well because it is too easy to figure out.

Final Words

This system is very promising and there is no more late entries with it. The pips you would ahve left on the table with other trading systems, you can catch them with the Super Bounce20 Trading Method. Do not underestimate this forex trading system due to its simplicity... Simplicity is the strength of this system... Give it a try and you will not regret wasting your time. My thanks goes to the guy who originally come up with this trading system. I do not know him personally. If he ever read this, I would be delighted if he left a comment.

Also, you can download the metatrader template file from the link below. With the template, you would not need to setup your charts manually and you just apply the template to get everything in place... It is good for the lazy ones... LOL... Have fun.. Source

SOF Trading System Ebook

Here is a little system which can help you make some money in trending markets. Very straight forward and easy trading rules which anyone can learn and apply. You can also adjust/tweak the system and bring your own addition to perfect it. This used to be a commercial trading system done by a crook who just took a bunch of free indicators and renamed them.

As you can see, the indicators are very easy to interpret and implement in your trading. Feel free to share your views and insights about this free forex trading system.

Download the ebook and have a good read.

Pattern Recognition Master - Candlesticks

Hello,

This cool little indicator for metatrader 4 trading platform is able to scan any chart on any timeframe for candlesticks pattern formations and alert you as soon as a new one is formed. For those who are already into candlestick analysis, they already know about the high strike rate and strength of candlesticks when it comes to patterns.

When a pattern forms, there is a big chance that the market will move according to this pattern. The pattern give you some hidden knowledge about what should be going to happen sooner or later in the market. The indicator is pretty easy to interpret and the settings is very clear and straight-forward. You have the option to turn On the alert switch it off. I hope that this indicator brings more pips into your trades' basket.

Download this indicator now and relieve some stress from your brains.